JPYINR trading range for the day is 57.86-58.12

JPYINR trading range for the day is 57.86-58.12. JPY dropped as the dollar edged up on report that U.S. President Donald Trump was favoring a policy hawk as the next head of the Federal Reserve. Japan's industrial production increased less than initially estimated in August, latest figures from the Ministry of Economy, Trade and Industry showed. Moody's: Japan 2019 tax hike measure toward fiscal consolidation, Japan's credit strengths remain robust.

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